Question
What interest rate would be necessary for$5,750 investment to growto$8,850 in an account compounded monthly for 11 years? % (enter your answer as a percentage
What interest rate would be necessary for$5,750 investment to growto$8,850 in an account compounded monthly for 11 years?
%
(enter your answer as a percentage rounded to twodecimal places)
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Get StartedRecommended Textbook for
Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
13th edition
132743469, 978-0132743464
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